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Ratings Recap: Kingsway Financial Downgraded

International News • July 15, 2008
A.M. Best Co. has downgraded the issuer credit ratings to "bb-" from "bb" of Kingsway Financial Services Inc. of Ontario and Kingsway America Inc. in Illinois. Concurrently, A.M. Best has ...

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Subject: Future Ratings to Come

Posted On: July 15, 2008, 2:07 pm CDT
Posted By: AZInsMan
Comment:
From the general agencies representing various Kingsway companies & the pricing on the street for those programs, I would predict the B+ Rating will continue to slide to around C+ when everything shakes out. Pricing is inadequate in several states for numerous programs.

We will see.
Subject Posted By Posted On
RE: Future Ratings to Come Nick Perry
Jul 16, 2008, 10:29 am
Future Ratings to Come AZInsMan
Jul 15, 2008, 2:07 pm
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